Draft GST return forms to be released for public comments by July 30
Updated : July 26, 2018 04:03 PM IST
GST Commissioner Upender Gupta said in the new return filing system 'nil' filers, who don't have purchase or supplies in a quarter, can file returns by just sending an SMS.
The GST Council, chaired by Union Finance Minister, had last week cleared the new return filing form. It would replace the current GSTR-1 and GSTR-3B returns.
The revenue department plans to put in place the new return filing system by January 1, 2019.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more